We are awaiting the checking in of the elitists for the releasing of what can be released.
They are willing to let go some of the vittles but not all of it; they still have that much control over the releases and the latching of the locks to these funds.
The banks are seeking every buck they can for their own edification and the needs of the banks are growing by the day.
They have loaned out the depositors’ monies and they know they are not going to get much of that back.
They know they aren’t retrieving the returns they have put out for stocks and pledges and the debacle called “bank internal borrowings.”
Just be assured that nothing is going to get signed off until more of the returns are accounted for.
Now then, we have some good news:. There are elements that are bringing force to bear in order to get more spigots opened up. That’s the best news for now from all sides; the needs and the pressures are all coming together.
We can’t say that full out release dates are operational, but we can say that spigots are opening and again funds will begin to roll. Be assured that secrecy and discretion are still the order of the day.
THE FROG STORY
As a group of frogs was traveling through the woods, two of them fell into a deep pit. When the other frogs crowded around the pit and saw how deep it was, they told the two frogs that there was no hope left for them.
However, the two frogs decided to ignore what the others were saying and they proceeded to try and jump out of the pit.
Despite their efforts, the group of frogs at the top of the pit were still saying that they should just give up, that they would never make it out.
Eventually, one of the frogs took heed to what the others were saying and he gave up, falling down to his death. The other frog continued to jump as hard as he could. Again, the crowd of frogs yelled at him to stop the pain and just die.
He jumped even harder and finally made it out. When he got out, the other frogs said, “Did you not hear us?”
The frog explained to them that he was deaf. He thought they were encouraging him the entire time.
Moral of the story:
People’s words can have a big effect on other’s lives. Think about what you say before it comes out of your mouth. It might just be the difference between life and death…..
This has been quite the week and it’s now mercury retrograde. I’m hearing chaos will speed up– its purpose is to create the needed energy to activate all we have been believing in and giving our energy to for “A Great Many Years.”
PP’s information pretty much stays the same as it has for the last couple of weeks, all ready, could be in the next 72 hrs. blah, blah, blah….all I know is that they are waiting for the button to be pushed and “So Are We” !!!
*THE UNIVERSE DOES THIS THING WHERE IT ALIGNS YOU WITH PEOPLE, THINGS, AND
SITUATIONS THAT MATCH THE ENERGY YOU PUT OUT. THE MORE YOU IMPROVE YOURSELF
AND RAISE YOUR VIBRATION, THE MORE YOU WILL SEE THINGS THAT ARE BENEFICIAL
TO YOUR SITUATION.*
THIS IN ESSENCE IS THE NATURE OF THINGS, AND HAS EVERYTHING TO DO WITH THE
LAWS OF ATTRACTION. OVER THE AGES, HUMANS HAVE DEFINED AND REDEFINED HOW
THE UNIVERSE WORKS, HOW RELATIONSHIPS MESH, HOW TECHNOLOGIES CAN BE
SYMBIOTIC, AND HAVE INVENTED THINGS, LOST THEM, RE-INVENTED THEM, CREATED
PARADISES, LOST THEM TO EGO AND WARS, AND GENERALLY EXPERIENCED THE GAMUT
OUR TRUE PURPOSE HERE ON THIS PLANET AND THIS SHORT EXISTENCE OF OURS IS TO
DO ONE THING, AND ONE THING ONLY: DO THE EXPERIENCE THING. GOOD OR BAD IT
DOES NOT MATTER COSMICALLY, JUST THE EXPERIENCE DOES.
WE HAVE ALSO FOUND OUT THAT WORRY DOES NOT ACCOMPLISH ANYTHING OTHER THAN
FILL YOUR BODY WITH THE POISONS OF STRESS. YOU LIVE MISERABLY AND LIVE
SHORTER DURING THOSE EXPERIENCES.
FOR EXAMPLE, A FELLOW LOST HIS JOB. OVER TIME, HE COULD NOT FIND WORK AND
WAS FORECLOSED ON. HE LOST EVERYTHING AND WOUND UP IN THE THIRD CARDBOARD
BOX UNDER THE BRIDGE LIVING ON MCDUMPSTER TAILINGS. HE WAS MISERABLE. HE
LOST HOPE. HE WAS SO STRESSED OUT THAT WITHIN THE YEAR, HE COULD NOT TAKE
IT ANY MORE AND TOOK HIS OWN LIFE. TO MAKE MATTERS WORSE, HE KILLED HIMSELF
WITH A DULL SPOON BECAUSE HE COULD NOT FIND A KNIFE.
ANOTHER FELLOW LOST HIS JOB, OVER TIME, HE COULD NOT FIND WORK AND WAS
FORECLOSED ON. HE LOST EVERYTHING AND WOUND UP IN THE FOURTH CARDBOARD BOX
UNDER THE BRIDGE LIVING ON MCDUMPSTER TAILINGS. HE FOUGHT THE COLD AND THE
RAIN AND DETERMINED THAT IT WOULD NOT GET TO HIM. HE WAS GRATEFUL HE WAS
ALIVE AND COULD THINK HIS WAY OUT OF A WET PAPER BAG. HE SCRAPED ENOUGH
FROM PANHANDLING TO GET A SHAVE AND SOME DECENT CLOTHES FROM A SECOND HAND
STORE, AND SEARCHED THROUGH THE WANT ADS FOR WORK.
HE FINALLY FOUND WORK, AND TOUGH AS IT WAS, HE MANAGED TO LIMP THROUGH THE
DAYS UNTIL HE GOT A FEW PAYCHECKS UNDER HIS BELT TO AFFORD A SMALL PLACE OF
HIS OWN HE COULD SLEEP AND EAT IN. EVENTUALLY, HE RENTED HIMSELF A HOUSE
AND BOUGHT A SECOND HAND CAR. HE THEN PLANNED OUT A SMALL BUSINESS VENTURE
SO HE COULD BECOME INDEPENDENT, AND BECAME A CONTRACTOR BASED ON HIS SKILL
SET. HE STRUGGLED TO FIND WORK UNTIL FINALLY, HE CAUGHT A BREAK AND BEGAN
WORKING FOR HIMSELF.
EVENTUALLY, HE BUILT HIS OWN HOUSE, GOT HIMSELF A BOAT FOR FISHING ON THE
WEEKENDS, AND ENJOYED LIFE ONCE AGAIN.
BOTH HAD EXPERIENCED THE SAME THING. BOTH WERE IN THE SAME CIRCUMSTANCE.
ONE GAVE UP, THE OTHER DUG IN HIS HEELS AND MADE IT WORK DESPITE THE CARDS
LIFE DEALT HIM. ONE DIED OF STRESS AND THE OTHER PUT STRESS TO ONE SIDE AND
DETERMINED TO GET BACK ON HIS FEET.
WE EACH HAVE OUR OWN STRESSES BUT IF WE LET THEM TAKE OVER AND LET THEM GET
TO US, WHAT WILL HAPPEN?
EACH OF US HAVE CHOICES IN FRONT OF US IN RESPECT OF HOW WE CAN HANDLE
THINGS. THE OLD SAYING IF LIFE HANDS YOU LEMONS YOU MAKE LEMONADE IS EASY
TO SAY AND MUCH HARDER TO DO. IT ALL DEPENDS ON YOUR OUTLOOK AND ATTITUDE,
BUT WE ALL HAVE THE POWER TO GET THROUGH ANY SITUATION SHOULD WE CHOOSE TO
DO SO. AFTER ALL, IT IS ONLY AN EXPERIENCE, RIGHT?
RIGHT NOW, WE ARE ALL STANDING ON THE BRINK OF SOMETHING WONDERFUL
OCCURRING FOR OUR HUMANITY. WE MADE IT THROUGH THE TOUGH TIMES, AND
ALTHOUGH THE ARE REMNANTS (A LOT OF THEM) WE CAN ALL SEE THE LIGHT AT THE
END OF THE TUNNEL.
THE FOLKS BEHIND THE CURTAIN HAVE LONG TOILED FOR THIS TIME, AND IT IS
HERE. YOU HAVE ALL HEARD THE NOISES COMING FROM THE GURUS AND FROM THE
POLITICIANS, ESPECIALLY POTUS AND IT ALL SPELLS GOOD THINGS TO COME. YES
THEY WILL COME.
I HAVE SOME FIRST HAND KNOWLEDGE OF THESE EVENTS, AND OVER THIS WEEKEND I
WAS IN A MEETING WITH SOMEBODY THAT EXPLAINED SOME THINGS THAT ARE ABOUT TO
HAPPEN IN RESPECT OF CHINA, USA AND RUSSIA. SOME RUMORS YOU HAVE HEARD ARE
ABSOLUTELY TRUE I CAN TELL YOU, I JUST CAN’T TELL YOU WHICH ONES. WHAT I
LEARNED WAS SO GREAT, AND SO SENSITIVE, THAT IF I SAID ANYTHING TO CONFIRM
SOME THINGS, SECURITY WOULD BE COMPROMISED AND THE OTHER SIDE WOULD HAVE A
FIELD DAY TRYING TO PREVENT THE CHANGES. SUFFICE TO SAY THAT ALL IS WELL.
THE CURRENCY EXCHANGES THAT ARE BEING PREPPED FOR ACTION ARE QUITE ACTIVE,
NEVER MIND THE EXCHANGES THAT HAVE HAPPENED, OR ARE IN THE PROCESS OF BEING
RESOLVED. IT IS TRULY AN EXCITING TIME, AND IT BODES WELL FOR OUT HUMANITY.
SO WE ARE STANDING ON THE THRESHOLD OF MAJOR CHANGES AND EVENTS IN OUR
HISTORY. NOT BAD FOR A BUNCH OF ROOKIES (COSMICALLY SPEAKING).
WE ALL THANK YOU AGAIN FOR YOUR KIND SUPPORT OF OUR EFFORT AND WE ALL LOOK
FORWARD TO DOING OUR BIT FOR HUMANITY.
LOVE AND LIGHT
IN OUR SERVICE
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
NOVEMBER 3, 2019
“MAKE EARTH GREAT AGAIN”©
COPYRIGHT ZAP 2013-2019
DID YOU KNOW?
As we struggle with understanding the revaluations of currency and how we plan on capitalizing on it, do we, in turn, follow the actualities of what is taking place in the fiscal policies of the countries that are presenting the biggest return opportunities? Zimbabwe, Iraq, Vietnam and Indonesia.
To begin with we must understand the difference between internal and external sovereign debt as it relates to currency values. The revaluing of a currency within a sovereign’s borders is for the commercial and daily functions of the citizenry. Revaluing for a currency for repayment of external sovereign debt is a different category.
If categorized as internal debt, (remember debt and currency are two sides of the same coin) it is debt owed to lenders who are within the country. If categorized as external debt, it is debt owed to lenders in foreign areas. The debt or revaluing currency for external sovereign debt is what we, as foreign currency holders are concerned with.
Currency values are dictated by demand. The demand for internal currency is relative to the faith the citizens have to use the currency for their daily commerce. As commerce is created within a country this creates a demand by foreign interest to do business within the country.
Lending money to a national government in the country’s own currency is referred to as a risk-free investment because, with limits, the debt can be repaid by the borrowing government through raising taxes, reducing spending, or simply printing more money (which is what Zimbabwe and Iraq, have done). Aside from issuing sovereign debt, governments can finance their projects by creating money. By doing so, governments are able to remove the need to pay for interest. However, this method only reduces government interest costs and can lead to hyperinflation (Zimbabwe). Thus, governments still need to fund their projects through the aid of other governments.
The most important risk in sovereign debt is the risk of default by the issuing country. For this reason, countries with stable economies and political systems are considered to be less of a default risk in comparison to countries with a history of instability. For this reason we watch for Zimbabwe and Iraq to politically stabilize for their currency to be recognized for international consumption (demand) and revalue.
Zimbabwe is again trying to bring back the “ZImdollar” The week beginning Oct, 28th the government moved ahead in its currency reforms when the central bank announced new notes will be introduced in two weeks to fight transactional challenges emanating from over-reliance on digital and mobile money in light of exacerbated by cash shortages. EcoCash is the dominant player and has helped Zimbabweans with cash shortages but they charge as high as a 50% premium to access funds in cash. Because of this, the Monetary Policy Committee of the central bank is moving to introduce new currency notes under the banner of the Zim dollar.
In 2009 the country abandoned the Zimbabwe dollar and adopted multiple currencies including the US dollar and South African rand. In 2015, the foreign currency notes dried up at the banks, leading to cash shortages in the economy. Then in 2016, Zimbabwe introduced bond notes as a surrogate currency which initially had equal value to the US dollar but today it trades at 1:15 with the USD.
The new finance minister appointed in 2018, Mthuli Ncobe, adoption of a monetary policy which has in turn led to the removal of foreign currencies and re-adoption of the Zim dollar in 2019. This November (2019) Zimbabwe will inject more cash into the economy in the form of 2 new coins, 2 and 5 notes and these will be legal tender alongside the bond notes introduced in 2016.
In Iraq the CBI (Central Bank of Iraq) manages exchange rate policy by pegging their dinar to the USD. Yet the U.S. Treasury does not officially list the Iraqi dinar as part of the country’s forex reserves? Due to Iraq’s oil, an Iraqi dinar revalue situation could improve the exchange rate and it may even be possible for the dinar to increase in value against the US dollar without a revaluation.
Iraq has to first stabilize and uppermost is the establishment of the rule of law, an honest court system, and the protection of private property. The nation is crippled by high unemployment, poverty, spiraling inflation, and rampant corruption. Its middle class has all but disappeared. Taxes go uncollected, contracts unpaid. Agriculture has withered and other industries have collapsed. There are no official budgets or economic statistics. The government depends almost wholly on exports of a single commodity, petroleum, which is subject to sharp price swings. But consider that Iraq’s neighbor, Kuwait, has consistently led the world with the highest valued currency, the Kuwaiti dinar or KWD and Kuwait’s only export is petroleum.
In short, a whole new financial system will have to be created as part of the early reconstruction effort and that is still in its infancy.
One of the key missions of the U.S. Treasury Department’s advance team in Iraq has been to gather basic information7 about economic conditions in the country so that officials in Washington can make intelligent decisions on the best path to take towards alleviating bottlenecks and encouraging private participation in the country. Immediate tasks include paying government salaries, determining the Dinar’s value, and establishing U.S. oversight of Iraq’s central bank, Finance Ministry and other key agencies.
Indonesia’s currency has devalued due to bad fiscal policies resulting in increased borrowing from foreign interest to fund projects and economic development. The rupiah is still a functional currency but its spending power has diminished causing the economy to spiral downward and scare off foreign interest who might otherwise invest in businesses within the country. If a foreign investor can’t be paid for their investment, why invest?
Vietnam, on the other hand, has achieved miraculous results in its manufacturing. The dong is also still a valid working currency. But Vietnam has purposely kept its currency devalued. The reason for this are the rules established by the WTO (World Trade Organization) via the IMF. It has to do with “Balance of Payment”. If a country’s Balance of Payment has a deficit, it is allowed to export more goods. If it has a surplus of Balance of Payment, it must import more goods. (BTW, China recently has done the same thing) By doing this it keeps their internal manufacturing rolling.
So Iraq and Zimbabwe must stabilize their political structures in their respective countries so the international community has faith in their currency before establishing an international rate. Indonesia must adopt new fiscal policy (which they have) and Vietnam is good to go; they just need to bring their currency to their true values. With the exception of Vietnam all the above must establish an internal value to their currencies that their citizens will have faith in to create the commerce needed that in turn will generate international demand. Many countries follow the same dynamics.
I have a PDF on how Balance of Payment works if anyone is interested send a request to firstname.lastname@example.org subject line “Balance of Payment” I have handed it out before so some might already have it.
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Love and Kisses,
This post is for information and education purposes only. All representations, presentations, products and opinions are strictly that of the author and do not necessarily reflect the opinion or endorsement of the “Poofness News Letter” and its principals. All readers should perform their own independent due diligence before acting on any information provided.